Antifragility - Revision history

Tkokotas at 14:30, 16 November 2018

2018-11-16T14:30:54Z

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			''Developed by Asger Fuhr Høyer''


	'''Antifragility''' or '''antifragile''' is a way of thinking develop by Nassim Nicholas Taleb. <ref>Nassim Nicholas Taleb, 2012, ''Antifragile: Things that Gain from Disorder'', Penguin Books</ref> In his book ''Antifragile: Things that Gain from Disorder'' Taleb talks and discusses the concept of antifragility and how it has impacted our lives.		'''Antifragility''' or '''antifragile''' is a way of thinking develop by Nassim Nicholas Taleb. <ref>Nassim Nicholas Taleb, 2012, ''Antifragile: Things that Gain from Disorder'', Penguin Books</ref> In his book ''Antifragile: Things that Gain from Disorder'' Taleb talks and discusses the concept of antifragility and how it has impacted our lives.

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	* Here the reader can learn more about the complexity of managing projects but what is more important learn something about the antifragile thinking.		* Here the reader can learn more about the complexity of managing projects but what is more important learn something about the antifragile thinking.
	https://www.pmi.org/learning/library/complexity-management-projects-programmes-portfolios-10674 , Oehmen, J., Thuesen, C., Ruiz, P. P., & Geraldi, J. (2015). Complexity management for projects, programmes, and portfolios: An engineering systems perspective. Paper presented at PMI® Global Congress 2015—EMEA, London, England. Newtown Square, PA: Project Management Institute.		https://www.pmi.org/learning/library/complexity-management-projects-programmes-portfolios-10674 , Oehmen, J., Thuesen, C., Ruiz, P. P., & Geraldi, J. (2015). Complexity management for projects, programmes, and portfolios: An engineering systems perspective. Paper presented at PMI® Global Congress 2015—EMEA, London, England. Newtown Square, PA: Project Management Institute.

			[[Category:Project Management]][[Category:Uncertaity]][[Category:Change]]

Asger at 21:51, 2 October 2017

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	* Antifragile things or systems that needs to be hit with various events, changes and stressors. The antifragile not only endure stressors and events but learn and become stronger because of them.		* Antifragile things or systems that needs to be hit with various events, changes and stressors. The antifragile not only endure stressors and events but learn and become stronger because of them.

	As the title of the book says, ''Antifragile: '''Things that Gain from Disorder'''''.		As the title of the book says, ''Antifragile: '''Things that Gain from Disorder'''''. That means that an antifragile system keeps getting better as a system but also at repelling and surviving uncertainties and unkowns. The antifragile system adapts and learns and this way it will always improve and be better today than how it was yesterday. It could be thought of as a learning by doing system.

			The usage of antifragility is broad because the antifragile thinking can be applied to a great variety of systems and organisations. The focus of this article will be on project, program and portfolio management (PPPM) and here the antifragile thinking can be very impactful.

			PPPM is a place very unkowns, uncertainty and risk is constantly dealt with, therefore the antifragile thinking would give PPPM systems and organisations a new perspective to view their setup and planning. The antifragile system thrives when hit with unkowns, uncertainty and risk because it learns and adapts. Simply put this would mean that what was a risk today will not be tomorrow, doing this enough times and the antifragile system can handle more and more of the risks we face today and be ready for the risks of tomorrow.

Asger at 21:41, 2 October 2017

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	* Antifragile things or systems that needs to be hit with various events, changes and stressors. The antifragile not only endure stressors and events but learn and become stronger because of them.		* Antifragile things or systems that needs to be hit with various events, changes and stressors. The antifragile not only endure stressors and events but learn and become stronger because of them.

	As the title of the book says, ''Antifragile: '''Things that Gain from Disorder'''''		As the title of the book says, ''Antifragile: '''Things that Gain from Disorder'''''.

Asger at 21:41, 2 October 2017

2017-10-02T21:41:20Z

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	* Antifragile things or systems that needs to be hit with various events, changes and stressors. The antifragile not only endure stressors and events but learn and become stronger because of them.		* Antifragile things or systems that needs to be hit with various events, changes and stressors. The antifragile not only endure stressors and events but learn and become stronger because of them.

			As the title of the book says, ''Antifragile: '''Things that Gain from Disorder'''''

Asger at 21:40, 2 October 2017

2017-10-02T21:40:23Z

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	Antifragility		'''Antifragility''' or '''antifragile''' is a way of thinking develop by Nassim Nicholas Taleb. <ref>Nassim Nicholas Taleb, 2012, ''Antifragile: Things that Gain from Disorder'', Penguin Books</ref> In his book ''Antifragile: Things that Gain from Disorder'' Taleb talks and discusses the concept of antifragility and how it has impacted our lives.

			To understand antifragility it is important to know that it is viewed as the opposite of fragile or fragility.

			* Fragile things or systems are delicate and frail, Taleb uses a box of glasses as an example in his book. The fragile does not endure impacts, changes or stressors.
			* Antifragile things or systems that needs to be hit with various events, changes and stressors. The antifragile not only endure stressors and events but learn and become stronger because of them.




	==The concept of being antifragile==		==The concept of being antifragile==

Asger at 21:28, 2 October 2017

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			Antifragility

	==The concept of being antifragile==		==The concept of being antifragile==

Asger at 21:27, 2 October 2017

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	* For the antifragile system to run, there is a need for sacrifice.		* For the antifragile system to run, there is a need for sacrifice.

	As mentioned in the beginning of the article fragile is important to understand the antifragile.		As mentioned in the beginning of the article fragile is important to understand the antifragile. For the antifragile system to work as an antifragile system it has to learn from errors, this means that sometimes parts of the system will be removed or destroyed for the rest improve and become even better. Taleb mentions ''Antifragility for one is fragility for someone else'' and ''...sacrifices of some units ... are often necessary for the well-being...''<ref>Nassim Nicholas Taleb, 2012, ''Antifragile: Things that Gain from Disorder'', Penguin Books</ref> So be prepared that when having the antifragile thinking parts of the system might need to be sacrificed to improve the rest, and you do not always decide what.

			* The antifragile system can become fragile (or maybe just robust and resilient) again

			The antifragile system needs to have a learning process and if the system should stay antifragile the learning process must continue because we do not know what the future will bring. The whole idea behind the antifragile system is that it will be able to handle the unknowns if it does not learn it will not be able to handle the unkown. This mean that at some point an antifragile system might become fragile again if it stops learning. This is important to remember when building and maintaining the system.

			These are 3 important limitations to the antifragile system that should be noted when starting to work with the antifragile thinking and antifragile systems. But who knows, maybe antifragility will adapt and learn from them and overcome them in the end?

	==References==		==References==

Asger: /* Limitations of the antifragile */

2017-10-02T21:16:36Z

Limitations of the antifragile

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	==Limitations of the antifragile==		==Limitations of the antifragile==
			''Antifragile systems'' and ''antifragility'' are a new way to look at systems. It is a new to think about how projects, systems and organisations are set up. Being this new there is still much to explore and more opportunities to discover as well as limitations to the thinking.

			When the concept is met for the first time it is easy to be very excited and think that the solution to many problems and especially complex systems is found. Using the thinking of creating antifragile is also very nice but it does have some limitations to it.

			* How do you implement the antifragile system?

			Implementing, creating and finding the antifragile system can still be an unclear process. Not only can the process be unclear it can also be difficult and requires the whole system to work together. Applying antifragility to an already existing system will take time and it might not be possible for the system to survive as it is known now. The next limitation will discuss this more deeply.

			* For the antifragile system to run, there is a need for sacrifice.

			As mentioned in the beginning of the article fragile is important to understand the antifragile.

	==References==		==References==

Asger at 21:02, 2 October 2017

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	<references />		<references />

			==Annotated Bibliography==

			* The book ''Antifragile'' by Nassim Nicholas Taleb is the key to this article and I encourage the reader to read more about antifragility and how it affects the world. Furthermore Taleb has written in an entertaining and different way which makes the book fun as well as interesting.
			Nassim Nicholas Taleb, 2012, ''Antifragile: Things that Gain from Disorder'', Penguin Books

			* Terje Aven has written a good article where he discussed the implications of antifragility and the impacts it can have.
			Terje Aven, ''The Concept of Antifragility and its Implications for the Practice of Risk Analysis'', 2015, ''Risk Analysis'', Vol. 35, No. 3

			* Here the reader can learn more about the complexity of managing projects but what is more important learn something about the antifragile thinking.
			https://www.pmi.org/learning/library/complexity-management-projects-programmes-portfolios-10674 , Oehmen, J., Thuesen, C., Ruiz, P. P., & Geraldi, J. (2015). Complexity management for projects, programmes, and portfolios: An engineering systems perspective. Paper presented at PMI® Global Congress 2015—EMEA, London, England. Newtown Square, PA: Project Management Institute.

Asger: /* The concept of being antifragile */

2017-10-02T20:56:00Z

The concept of being antifragile

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	The idea of '''being antifragile''' is to be the opposite of '''fragile''' by following the thought process of Nassim Nicholas Taleb who created the concept of ''Antifragile''.		The idea of '''being antifragile''' is to be the opposite of '''fragile''' by following the thought process of Nassim Nicholas Taleb who created the concept of ''Antifragile''.


	First let us look at what is it to be fragile in this setting. The fragile items or systems break when they are mishandled, e.g. a house of cards do not like when the wind blows next to it. So the fragile is situations and items that can easily be damaged if we are not careful.		First let us look at what is it to be fragile in this setting. The fragile items or systems break when they are mishandled, e.g. a house of cards do not like when the wind blows next to it. So the fragile is situations and items that can easily be damaged if we are not careful.